The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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If last week's rns didn't raise the sp will anything ?
InfraStrata seeks EU grant for SNIP project reverse flow FEED study
https://www.hydrocarbons-technology.com/news/infrastrata-eu-grant-snip-feed-study/
Edit: Momentum is building hopefully the SP will follow.
Here Here ..Naz is relatively harmless but we still need to deal with his posts carefully.....a lot of these are misinformation or either just incorrect or plain falsehoods ..we had him banned a short while back for such ..but he keeps popping up like the proverbial bad apple ..The big point as you say is that from 2018 we have a total new BOD and regime ...and lots of positives going forward .....
Naz, that was a different BOD and proving the daily monitoring is compliant is part of the regulatory agreement with DAERA, so the cost of this will have been priced in yes. INFA and JW are jumping through every hoop and going above and beyond to demonstrate compliance with Brine Monitoring.. and being completely transparent. I would rather some of those against would just say, actually I don't care if they are compliant (ie: be transparent) I am just against it all anyway, rather than plucking random reasons out of thin air.
Hi rafters.
Given it was infra along with the government offices that allowed N.I water to close 3 dams.
It is hard to trust all three again and have safety first with no damage to the environment for the next two years.
That utube video from another person does not do it for us who have seen what infra along with NI water and government
Official covered up.
Will infra have enough money to daily check on the brine ?
There is a public consultation with INFA and DAERA where you can ask your questions, as you obviously can’t be bothered to read any of the information already provided
How come we tax payers would have to subsidise any part of this storage via grants when the gas supplier are making billions.
Let's do the math's.
About 14million spent so far.
1million wasted in Woodburn forest.
So this rich company that wants to take over would need to cough up about another 14 million.
Good to see a whale 1.5 miles from this location.
Can we trust infrastata to keep to what it says about brine discharge in the lough and Irish sea after all it closed three dams at woodburn from the toxins and even had signs on a van showing toxic to fish.
What about the fish in the lough.
Who will monitor the discharge from the environment side of government on a daily basis as it will take two years to store even one therm of gas.
interesting reads fellas, thank you. The Times article had many expert readers' comments.
Haven't seen any posts on the NW Hydrogen Alliance here, atkins, costain, all involved: http://www.nwhydrogenalliance.co.uk/the-north-west-of-england-as-a-hydrogen-storage-hub/
To be in the energy infrastructure buisness imo
https://www.parliament.uk/business/committees/committees-a-z/commons-select/business-energy-industrial-strategy/news-parliament-2017/financing-energy-infrastructure-evidence-17-19/
https://phpionline.co.uk/feature-articles/worcester-bosch-explores-benefits-hydrogen/#
Boiler manufacturers are on to this already!
https://twitter.com/EKolst/status/1139157968417673216?s=19
Important point from Hydrogen Europe @GIEBrussels Annual Conference: “One gas pipeline (1,20m) transports as much energy as eight power pylons (3 GWh each). It’s cheaper and less intrusive! #wedeliverparis #GIEParis2019 https://t.co/z95bEsFD59
The existing gas network and extra storage will make a major contribution towards the government's netzero 2050 target imo.
https://pubs.rsc.org/en/content/articlelanding/2018/se/c7se00598a#!divAbstract
Hydrogen-enriched natural gas as a domestic fuel: an analysis based on flash-back and blow-off limits for domestic natural gas appliances within the UK
Abstract
In the effort to reduce carbon emissions from an ever-increasing global population, it has become increasingly vital to monitor and counteract the environmental impact of our domestic energy usage given its contribution to overall carbon emissions. To this end, hydrogen has emerged as a foremost candidate to offset and eventually replace the use of traditional gaseous fossil fuels. Hydrogen as the universal energy carrier or vector is easily produced from all forms of renewable or recovered energy as a storable, transportable commodity that can be used on demand, thus decoupling the supply from demand that is often considered to be the down-side of intermittent renewable energy usage. European trials have already been conducted to investigate the practical implementation of hydrogen-enriched natural gas (HENG) within a mains gas supply. In this work, the limitations of such a strategy are evaluated based on a novel meta-analysis of experimental studies within the literature, with a focus on the constraints imposed by the phenomena of flash-back and blow-off. Through consideration of the Wobbe Index, we discuss the relationship between molar hydrogen percentage and annual carbon dioxide output, as well as the predicted effect of hydrogen-enrichment on fuel costs. It is further shown that in addition to suppressing both blow-off and yellow-tipping, hydrogen-enrichment of natural gas does not significantly increase the risk of flash-back on ignition for realistic burner setups, while flash-back at extinction is avoided for circular port diameters of less than 3.5 mm unless the proportion of hydrogen exceeds 34.7 mol%. It is thus proposed that up to 30 mol% of the natural gas supply may be replaced in the UK with guaranteed safety and reliability for the domestic end-user, without any modification of the appliance infrastructure.
https://www.thetimes.co.uk/article/net-zero-hydrogen-heating-for-every-home-climate-2tgqfjvng
Another positive RNS, must be time to bring the SP down. Beggars belief.
Looks like a weighty buy is getting worked.
Is it possible that the funding provider might also be Vitol themselves?
https://www.vitol.com/vitol-and-harvest-energy-announce-improved-terms-for-crude-oil-supply-and-refined-product-offtake-agreement/
'.....Vitol will provide to NARL comprehensive working capital financing of feedstocks and finished products'
Would be surprised (even after current bizarre SP activity) if SP isn’t significantly higher than 1.5 in next few months, assuming equity funding and FID completed in 2019. Suspect Marine Licence May be biggest needle shifter
@tidd83
Cost recovery should be part of funding deal. There's no reason why the offtaker (essentially a consumer in this setup) should participate in past or future construction costs.
Also, be aware that past costs may not necessarily be recovered in cash. Instead it might be reflected in the equity split between Infa and the funding provider.
Fantastic interview
Another piece of the puzzle coming together now and working with Mutual Energy to reverse the SNIP - another big player in the wings. Having watched the IG interview last night, JW states that debt/equity funding is well advanced. With a binding offtake term sheet agreed with major Vitol this facilities the completion of this element. If back costs to date are also included then this will be major news. Don’t think we are far away!
Good news today should further strengthen the SP. Can gradually see this moving up over the next few months into the 1.5p area as the project becomes more robust.
It seems that Infa people spend most of their time box filling for EU grants. Must be quite expert at it by now. But....where is the money?????